01/22/2002, KEDC Regular Meeting Minutes128
MINUTES OF
KENNEDALE ECONOMIC DEVELOPMENT CORPORATION
BOARD OF DIRECTORS
REGULAR MEETING -JANUARY 22, 2002
~...- 405 MUNICIPAL DR. -CONFERENCE ROOM
President Vaughn called the meeting to order at 7:00 p.m.
Members present: President Vaughn, Vice President Mundy, Board of Directors Berry,
Eichelberger, Kovach and Morris.
Members absent: None
Staff present: Ted Rowe. Also present were Eddie Cheatham and David Mayse with Cheatham
and Associates.
ITEM NO. 1 -Approval of minutes: regular meeting dated October 16, 2001.
Margaret Eichelberger moved to approve the October 16, 2001 meeting minutes contingent upon
the minutes reflecting that Rob Moms was temporarily out of the room when the initial roll call
was taken and the initial vote on the minutes was taken. Motion second by Ron Kovach.
Eichelberger, Kovach, Vaughn, Mundy and Morris voted in favor. John Berry abstained due to
absence of meeting. Motion carried.
ITEM NO. 2 -Review financial reports.
Ted Rowe, Executive Director briefly reviewed the financials.
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ITEM NO. 3 -Review and approval of Little School Road and New Hope Road Improvement
study.
Robert Mundy moved that the Board of Directors accept the study as prepared by Cheatham and
Associates and to forward study to City Council for consideration and action with
recommendation from Board of Directors supporting Exhibits "E" and "F" as the best choice.
Motion second by Ron Kovach with members Mundy, Kovach, Vaughn, Eichelberger and Berry
voting aye, and member Morris abstaining. Motion carried.
ITEM NO. 4 -Staff comments:
Executive Director Report -Ted Rowe updated members on Wal-Mart status, and Highway 287
widening project.
Economic Development Director Report -Margaret Eichelberger informed members that the
Chapter 380 program was still a go and that more information would be available by the next
meeting. She then addressed 11 parcels of land, in which appraisals were obtained and presented
board members with the final value estimate and questioned members if they were interested in
purchasing the property.
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ITEM NO. S -Future agenda review.
It was suggested that Mr. Ronnie Nowell be invited to the next meeting to gain insight on
possible future development of New Hope Road if water service was extended.
ADJOURNMENT
Robert Mundy moved to adjourn the meeting at 8:20 p.m., second by Margaret Eichelberger.
Motion carried.
ATTEST:
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Secretary
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